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Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?

To: im~ristine who wrote (22836)	7/11/1999 6:14:00 PM
From: -	Respond to of 27307

Impristine, Way Cool Man ;)

To: im~ristine who wrote (22836)	7/12/1999 10:51:00 AM
From: Sir Auric Goldfinger	Read Replies (4) \| Respond to of 27307

Why the "Big Boys" (aka The Institutions) are selling YHOO hard right now: the quad and triple digit gains in year over year earnings reports is OVER! The last five quarters of three and four digit earnings increases are gone ie: June 98 .01 up 200%, Sept 98 .06 up 500%, DEC 98 .11 up 1000%, Mar 99 .07 up 800% and the coupe de grace, June 99 .11 up 1000%. Now class, what do we have going forward? Street estimate for Sept 99 of .11 Paying attention? There's NFW that YHOO is going to have 500 to 1000% earnings growth off of a base of .06 Just not gonna happen. If YHOO comes in at .11 in Sept., that's 83% up YOY. Say they come in at 15 cents (being kind aren't I?) Well guess what? That's ONLY 150% which just won't do when you trading at 423 times this year's earnings. So there you have it: that's why Nicky Applegate, FIDO, AIM and all those big MOs are selling to you mini mos. It's over, it's been a fantastic run for a great company, but that's it. Now scream all you like, but that's it and you heard it here.